VeChain (VET) - Key Levels 2024VeChain has yet to push price action above the neckline in order to have a continuation to the upside. Breaking the neckline will result in VET reaching a target of Resistance at: "$0.08" with up to +60%.
Candle wick rejection has formed again on the weekly time frame at the levels between the following: $0.047 - $0.054. A pullback to these levels will likely hold strong support around "$0.034" and bulls will retest major Resistance at "$0.04" once again in the future!
VETUSDT
SasanSeifi| Targets at $0.060 and Beyond!!
Hey there, On the 4-day timeframe, BINANCE:VETUSDT has initiated an uptrend from the $0.020 range, reaching the descending trendline resistance at $0.045. Currently, the price is attempting to break this trendline. The overall market outlook suggests a bullish sentiment in the medium and long term.
Expectations:
If the price establishes above the descending trendline:Potential growth targets are $0.060 and $0.070.Rejection and pullback from these levels may set the stage for further bullish continuation toward higher targets.
If the price fails to break above:Corrections toward the $0.033 and $0.030 levels are possible.
These levels could act as significant support zones for a rebound and continuation of the uptrend.
This analysis highlights potential buying opportunities for medium- and long-term investors.
💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion!
Happy trading!✌😎
Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌
If you want any further adjustments, just let me know!
#VET/USDT#VET
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.02200
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 0.02312
The first target is 0.02750
The second target is 0.03070
The third goal is 0.03440
#VET/USDT#VET
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.02200
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02430
First target 0.02300
Second target 0.02362
Third target 0.02425
#VET (SPOT- Investing ) entry ( 0.01960- 0.02260). SL (0.01890)BINANCE:VETUSDT
entry range ( 0.01960- 0.02260)
Target1 (0.03499) - Target2 (0.06860) - Target3 (0.10390) - Target4 (0.14790)
SL .1D close below (0.01890)
** This coin may take long time to achieve all targets **
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
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#VET/USDT#VET
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.02070
Entry price 0.02110
First target 0.02156
Second target 0.02212
Third target 0.02275
#VET/USDT#VET
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support at a price of 0.02250
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.02277
First target 0.02330
Second target 0.02400
Third target 0.02457
VETUSDT Long Setup Setting / Divergence on the ChartBINANCE:VETUSDT
COINBASE:VETUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status🙂
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
0.2295-0.2352
⚡️TP:
0.2360
0.2405
0.2440
0.2481
🔴SL:
0.2203
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
VETUSDT 1:1 Long Setup SettingBINANCE:VETUSDT
COINBASE:VETUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.02525
0.02551
0.02581
0.02621
🔴SL:
0.02354
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
VET USDT spot trade | 2000% potential or ATH in 2025 bull marketVET/USDT is setting up for a massive run, with 2000% potential or a new ATH in the 2025 bull market. With VeChain's strong fundamentals and increasing real-world adoption, this could be a top performer in the next cycle. Keep an eye on key breakout levels! 🚀 #VET #VeChain #Crypto
Buy and hold in spot.
VET (VeChain): Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. Trend traders: wait for such a breakout. Swing traders can trade the channel, enter near channel support trendline and exit near channel resistance trendline of $0.27.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.02, then $0.015. Nearest Resistance Zone is $0.024, then $0.027.
VeChain green area to refill your bag before the alt seasonVeChain is an established blockchain that has evolved well, following trends and demonstrating a significant pump capacity when you look at its past price action. Additionally, this coin does not have any VC unlocks, and most of its supply has already been unlocked.
However, I do not like how they embrace the carbon/save the planet from climate change ideas. I am quite frustrated by all this nonsense, woke socialist ideas. We are here to make money and create new tools in a new industry; who cares if it emits carbon or not? The whole climate change vs. crypto debate is highly hypocritical and political.
This is a red flag for me, so I do not invest in this coin. However, some friends and people I respect in the crypto community are all over this project, so here is my entry point.
VeChain is still in consolidation and has not reached the bottom of it. It will likely continue to go down, and a good price to hold for the upcoming altseason is 0.023-0.025. Ideally, 0.020 would be perfect, but I am not sure if that opportunity will come again. Anyway, this coin will probably do x2-x5 in the next few months, so it's not a bad deal compared to what banks can offer for your money.
DYOR.
Breakout or Breakdown? Prepare for a Major Move in #VETUSDTYello, Paradisers! Are you ready for what could be a game-changing move in VETUSDT? Let’s dive into the current scenario and what we can expect next.
💎#VeChain (#VETUSDT) has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push #VET received from a successful retest of the channel's lower support.
💎A potential retest of the Bullish Order Block (OB) at $0.024 could be pivotal. This area is packed with liquidity and could propel NYSE:VET towards a breakout.
💎If #VET can break above the descending resistance, supported by the liquidity at $0.024, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
💎Should the current resistance hold, we might see a retest of the support level at $0.0215. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.
💎If both support levels fail, #VETUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.
Stay vigilant and ready to adapt to market movements. Remember, disciplined trading and patience are crucial for long-term success.
MyCryptoParadise
iFeel the success🌴
VETUSDTAs shown in the picture, the V-Chain factor was in a very deep correction from March 2021 to today. June 26, 2024, and then the price took off from the 0.012 levels with five very clear impulse waves. To the 0.05 levels and then. Then it made a correct triple ABC, as shown in the picture. And the fourth wave test returned, which forms a very strong support. With this currency? In light of this data, we entered the purchase of this currency from 0.02 by targeting the previous peak at 0.05, and by breaking it, the targets may extend to 0.09. From there, we may target 0.11 cents for this currency. Good luck to everyone, and if you have any questions, do not forget to leave them in the comments.
VETUSDT : VeChain Breaks Out of Descending Trendline
VeChain is currently at a critical point, showing signs of potential upward movement and a strong support base. The chart indicates a recent upward trend following a prolonged decline.
Resistances and Support:
Resistance I: Around $0.02850, where the price might face difficulties breaking through.
Resistance II: Near $0.03355.
Support: Located at $0.02037, an important level that could hold the price in case of a decline.
The Stochastic RSI shows that VET is currently in an overbought zone, which could indicate a possible short-term correction.
Fibonacci levels suggest potential areas of support and resistance. The 0.618 level at $0.04772 is particularly important for the continuation of the upward trend.
VeChain has stood out with strategic partnerships including companies like BMW, Walmart China, and major telecommunications operators such as AT&T, T-Mobile, and Verizon. These partnerships are focused on areas such as supply chain tracking, food safety, and preparation for 5G networks (Crypto News Flash).
Recently, analysts predicted significant upside potential for VET, with estimates that the price could reach $1.80 by October 2024, based on detailed Fibonacci analysis and other technical indicators. VeChain has also launched important technological products such as the VeWorld Mobile wallet and the VORJ digital asset platform, promoting the adoption of Web3 technology